VANCOUVER, May 13 /CNW/ - CIBT Education Group Inc. (NYSE Amex and TSX.V
symbol: MBA) is pleased to report that its China subsidiary, CIBT School of
Business, has launched the International Foundations Program ("IFP"). The IFP
was created and modeled after CIBT's 2+2 program which has been very
successful for over a decade.
In 2009, CIBT School of Business ranked second in the Top College Prep
Programs in China, an internet survey conducted by Sohu.com, China's largest
internet portal. Building on its success, CIBT has completed and launched a
series of IFP courses. The IFP prepares Chinese students for acceptance into
overseas institutions and connects its graduates with its international
network of over 30 universities from around the world. IFP graduates will be
able to transfer to an overseas receiving institution to complete their
degrees or diplomas. Foreign studies are a unique niche market that is growing
with increasing popularity in China. Chinese parents strongly encourage their
children to study overseas for greater future earning potential.
CIBT is one of the largest overseas bachelor degree programs in China in
which students study for 2 years in China and 2 more years abroad at a CIBT
academic partner institution in Canada, the USA, the UK, Australia, New
Zealand, Malaysia or the Netherlands. The IFP prepares students to gain access
into reputable overseas institutions.
CIBT initiated a program which eventually became the IFP with Purdue
University in the United States in 2007. Following three years of success,
CIBT is now attracting additional partner universities around the globe.
"After 10 years of continued success and experience in our international
programs, we are very pleased with this latest deployment of IFP," commented
Toby Chu, Vice Chairman and CEO of CIBT Group. "Our system of 30 international
universities located in six English speaking countries is considered the
largest network of transferable programs in China. This network of receiving
universities allowed our students to select their final study destination
based on their personal economic and cultural preferences. The launching of
IFP in China is an initial debut to be followed by other countries such as the
Philippines, Thailand, South Korea, Vietnam, Hong Kong and Taiwan."
About CIBT Education Group Inc.
CIBT Education Group Inc. ("CIBT") is an education management and
investment company with a special focus on the global education market. Its
subsidiaries, CIBT School of Business & Technology Corp., Tourism Training
Institute, Concordia Career College, Modus International Language College and
Sprott-Shaw Degree College Corp., which is comprised of Sprott-Shaw Degree
College, Sprott-Shaw Community College (established in 1903), Sprott-Shaw
International Language College, possess a combined operating history of over
118 years in China and Canada's education sectors. CIBT owns and operates a
network of business, technical and language colleges with presence at over 40
campuses and teaching centers including Canada, China, Vietnam, Jordan, the
Philippines and Jamaica. CIBT delivers North American and Chinese accredited
business and management degree programs, automotive, and diesel maintenance
programs, IT programs, travel and tourism programs and career/vocational
programs through its network of campuses across China and Canada. In 2006,
CIBT initiated plans to aggressively expand its business presence across China
and to establish schools in other parts of Asia including South Korea,
Thailand, Taiwan, Hong Kong, Malaysia and India. CIBT also owns Irix Design
Group, a leading full service design and advertising company based in
Vancouver, Canada. In 2008, Irix Design was ranked 15th in the list of Biggest
Ad Agencies in Greater Vancouver by the Business in Vancouver newspaper.
CIBT Education Group Inc.
Vice-Chairman, President & CEO
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